Buy Your First Home in Lubbock, TX

Adjacent to Texas Tech with charming character homes from the 1940s-1960s. Walkable to campus, local restaurants, and coffee shops. One of Lubbock’s most sought-after areas with excellent value for first-time buyers.

Rated one of Lubbock’s safest neighborhoods! Family-friendly area with mid-century homes, mature trees, and tree-lined streets. Easy Loop 289 access and surrounded by schools. Great starter home territory.

Lubbock’s hottest growth area with new construction homes and modern amenities. Near shopping, dining, and medical centers. Perfect for buyers who want a brand-new home at affordable prices.

Spacious lots with mature oaks and magnolias. Traditional homes with modern updates including outdoor kitchens and pools. Near Lubbock Christian University and medical district. Great for growing families.

Lubbock’s most affordable area with incredible value! Median price just $179K. Established neighborhoods closer to city center. Perfect for budget-conscious first-time buyers who want to build equity fast.

Brand new master-planned communities with modern construction and energy-efficient homes. Builder incentives often available. Perfect for buyers who want everything new without the Austin/Dallas price tag.

Why Lubbock Is a First-Time Buyer’s Dream

Lubbock delivers what most Texas cities can’t: genuine affordability without sacrificing quality of life. As home to Texas Tech University, major medical centers (including the only Level 1 trauma center between Dallas and Phoenix), and a growing tech sector, jobs are plentiful and diverse.

The city has the shortest average commute time in Texas—more time for family, less time in traffic. Add the legendary West Texas sunsets, thriving music scene (hello, Buddy Holly), and a cost of living that lets you actually enjoy life, and you’ve got the perfect place to start your homeownership journey!

TSAHC Programs

Texas State Affordable Housing Corporation specifically targets Lubbock/Amarillo. Up to 5% as a GRANT (never repaid) or forgivable second lien!

• ✓ Home Sweet Texas (all buyers)
• ✓ Homes for Texas Heroes
• ✓ Grant or forgivable 2nd lien
• ✓ 620+ credit score required

HAT Grant Program

Homeownership Across Texas grants from 1-5% of loan amount. TRUE GRANT—never has to be repaid! No additional closing costs for the grant.

• ✓ Never repaid—it’s a gift!
• ✓ FHA, VA, USDA, Conventional
• ✓ Income limits apply
• ✓ Homebuyer education required

SETH 5 Star Texas Advantage

Up to 5% assistance with multiple options including a 3-year forgivable loan. Available in Lubbock! Great for buyers who want flexibility.

• ✓ 3-year forgivable option
• ✓ FHA, VA, USDA, Conventional
• ✓ 30-year fixed rate
• ✓ Available in Lubbock

Texas MCC Program

Mortgage Credit Certificate gives you 20% of your annual mortgage interest back as a federal tax credit. Ongoing benefit for the life of your loan!

• ✓ 20% annual tax credit
• ✓ Lasts life of loan
• ✓ Can combine with DPA
• ✓ Helps with qualification

FHA Loan

• ✓ Credit scores 580+ accepted
• ✓ Gift funds for down payment
• ✓ Higher DTI ratios OK
• ✓ Seller pays up to 6% costs

Conventional 97

• ✓ Credit scores 620+ typically
• ✓ PMI removable at 20%
• ✓ No upfront mortgage insurance
• ✓ Great for Lubbock prices

VA Loan

• ✓ Veterans & active duty
• ✓ No monthly PMI
• ✓ Competitive rates
• ✓ Seller pays closing costs

USDA Loan

• ✓ Rural/suburban areas
• ✓ Wolfforth, Shallowater eligible
• ✓ Low mortgage insurance
• ✓ Income limits apply

Education-First Approach

We explain everything clearly—no jargon, no pressure. You’ll understand every option before making decisions.

Veteran-Owned & Operated

Retired Army Captain bringing military values of integrity, service, and dedication to every transaction.

Texas Panhandle DPA Experts

We know TSAHC, HAT grants, and SETH programs—maximizing your assistance so you keep more cash for move-in!

Direct Lender Power

Movement Mortgage’s dedicated team means faster processing, competitive rates, and on-budget closings.

On-Time Closings

We close when we say we will. Movement Mortgage’s team structure keeps you on track.

Lender for Life

Annual real estate reviews to help you build wealth—your success doesn’t end at closing.

“We graduated from Texas Tech with student loans and thought homeownership was years away. Adam showed us we could buy in Tech Terrace for less than our rent! The HAT grant covered our down payment completely. Wreck ‘Em!”

“I’m a traveling nurse at Covenant and wanted to put down roots in Lubbock. Adam helped me use the Homes for Texas Heroes program—got 5% DPA as a healthcare worker! Now I own a beautiful home in Southwest Lubbock near work.”

“Army veteran here. Adam being a retired Captain meant everything—he understood the VA loan inside and out. Zero down payment got us into Melonie Park near great schools. Best decision we ever made for our family!”

How affordable is Lubbock compared to other Texas cities?

Lubbock’s median home price ($235K) is 47% below the US median and 30% below the Texas average. Nearly 1 in 4 homes sell under $200K! For comparison: Austin’s median is $550K, Dallas is $400K, and Houston is $330K. Lubbock is genuinely affordable.

What income do I need to buy a home in Lubbock?

For a median-priced home ($235K), you’d typically need around $52K annual income. For homes in the $150K-$200K range (nearly 25% of the market), qualification starts around $38K-$45K. Much more achievable than most Texas cities!

What down payment assistance is available in Lubbock?

TSAHC specifically targets the Texas Panhandle with grants up to 5% (never repaid!). The HAT Grant program offers 1-5% as a true grant. SETH 5 Star provides up to 5% with a 3-year forgivable option. Multiple programs mean multiple paths to homeownership!

Is Lubbock a good place to buy right now?

Yes! Closed sales are up 11% year-over-year, inventory has improved for 9 consecutive months, and prices remain stable. The market is balanced—not too competitive, not declining. First-time buyers have good options and time to make decisions.

What about new construction in Lubbock?

Lubbock has excellent new construction options in areas like Viridian, Allen Farms, and Hatton Place. Prices start in the low $200s and go up from there. Builder incentives are often available—we can help navigate new construction financing and contracts!

Can I use USDA loans in the Lubbock area?

Absolutely! Nearby communities like Wolfforth (#1 place to live in Lubbock County), Shallowater, and other surrounding areas are USDA-eligible. Zero down payment and lower mortgage insurance than FHA—perfect for rural/suburban first-time buyers!